An assessee can avail the deduction in respect of rent paid u/s 80GG of the Act subject to a maximum amount of:

CS Executive · Tax Laws and Practice · PYQS · June 2018
An assessee can avail the deduction in respect of rent paid u/s 80GG of the Act subject to a maximum amount of:
(A) ₹5,000 p.m.
(B) 25% of the adjusted total income
(C) ₹3,000 p.m.
(D) None of the above

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Income Tax Act, 1961

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